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Foreign flows into Sri Lanka stocks turned into net inflow on Wednesday
- Sri Lanka LOLC Holdings net up 440-pct in March (Category: Breaking News)
- Sri Lanka’s Sampath Bank’s Profit down by 4.9-pct (Category: Breaking News)
- Stocks edge down ahead of IPOs; rupee up (Category: Breaking News)
- Sri Lanka’s Hatton National Bank net up in March 2022 quarter (Category: Breaking News)
President Wickremesinghe through interim budget expects 2.5 million tourists in 2023.
- Spending Plan (Category: Business)
- Sri Lanka to issue development bonds to cover the costs of the first quarter of 2010 (Category: Breaking News)
- Sri Lanka can earn more targeting experiences, sustainability (Category: Breaking News)
- Sri Lanka’s president to cut spending in interim budget (Category: Breaking News)
[…]The post Failed Economy: Bribery & Corruption To Maintain Power appeared first on Colombo Telegraph.
- Lack of Common Sense Of A Time-Expired President (Category: Breaking News)
- Downward Spiralling Economy: Increased Govt Spending & Reduced Revenue (Category: Breaking News)
- Taking Dictatorial Steps To Control Public Sri Lanka (Category: Breaking News)
- Corruption & Lack Of Common-Sense; Presidential Brutalities (Category: Breaking News)
Wickremesinghe is budgeting in a sea of monetary instability
- Sri Lanka tax revenues grow 29-pct up to May amid inflation (Category: Breaking News)
- Sri Lanka’s tragedy and the lost wisdom of D S Senanayake on money printing (Category: Breaking News)
- Sri Lanka banks cut foreign borrowings, see more deposit dollarization (Category: Breaking News)
- Sri Lanka plans to cut deficit to 6.8-pct of GDP in 2023 (Category: Breaking News)
By CHANDRA FERNANDO Educational Consultant, USA The last few months of this year have been a time of great anxiety and much hardship for the people of Sri Lanka. No matter on which side of the political divide one stands, common problems converge into a cloud of nervousness, unease and uncertainty. Sri Lankans have not […]
- Women and children the most affected by Lanka’s economic crisis – ESCAP (Category: Breaking News)
- Sri Lankan women to protest today over the sexual abuse against women and children (Category: Breaking News)
- Govt may consider hangwomen if execution starts: State Minister (Category: Breaking News)
- Kalkudah to Arugam Bay and some canny decision making by JRJ (Category: Breaking News)
Wednesday 31st August, 2022 Trade unions in the power and energy sectors are up in arms against a government move to restructure the Ceylon Electricity Board (CEB) and the Ceylon Petroleum Corporation (CPC). They would have the public believe that the blame for the staggering losses the two institutions have been incurring should be laid […]
- Corporate sector offers policymakers a blueprint for CPC reform (Category: Breaking News)
- Armed soldiers forcing CPC employees to act against their will – Unions (Category: Breaking News)
- Remedy worse than malady? (Category: Breaking News)
- Govt.’s strong-arm tactics bound to fail, say petroleum unions (Category: Breaking News)
Market up for the first time in six straight sessions
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka bourse edges up after three-session fall amid continued foreign inflow (Category: Breaking News)
- Record breaking Stock Market (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe has started presenting the Interim Budget Speech 2022 at 01:03 PM today (August 30).The post Sri Lanka’s Interim Budget Speech 2022 appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - Sri Lanka News.
- Sri Lanka’s Budget Speech 2024 (Category: Breaking News)
- Sri Lanka’s Budget Speech 2023 (Category: Breaking News)
- Contributory pension scheme for those joining state sector after 2016 – Prime Minister (Category: Breaking News)
- Rs.500M for healthcare improvement (Category: Breaking News)
He said on Tuesday August 30 that the purchase of fuel-run vehicles for state services will be stopped.
[…]The post Government Needs To Change Course In National Interest appeared first on Colombo Telegraph.
- Divergence Grows Between Appearance & Reality (Category: Breaking News)
- Staggered Reform To Save Country From Peril (Category: Breaking News)
- Human Rights Protection Requires More Inclusive Approach (Category: Breaking News)
- System Change Plus Politician Change Through Elections (Category: Breaking News)
Parties asked to give proposals by August 31
- Sri Lanka main opposition to move a proposal in the parliament to exonerate Fonseka (Category: Breaking News)
- Sri Lanka main opposition appoints nomination committee for Provincial Council elections (Category: Breaking News)
- Crucial working committee meeting of Sri Lanka`s main opposition tomorrow (Category: Breaking News)
- Sri Lanka`s main opposition Reforms Committee meets with organizations affiliated with the party (Category: Breaking News)
By Jehan Perera The ruling party has requested President Ranil Wickremesinghe to facilitate the return of former president Gotabaya Rajapaksa to the country and his appointment as prime minister. The former president left the country when large numbers of protestors who had been actively protesting against the economic collapse and corruption in the country took over […]
- Restoration of moral legitimacy is essential (Category: Breaking News)
- Political engagement with Aragayala necessary (Category: Breaking News)
- NPC calls for early elections (Category: Breaking News)
- President has to work overtime to restore confidence and credibility (Category: Breaking News)
Sri Lanka stocks gained to four month high early this month on political stability hope
- Sri Lanka’s NTB profits down 12-pct in March quarter (Category: Breaking News)
- Sri Lanka’s People’s Leasing net down 37-pct in March (Category: Breaking News)
- Sri Lanka’s Haycarb March net up on forex gains (Category: Breaking News)
- Sri Lanka sells Rs80bn in mostly 3-month bills, down 18bp (Category: Breaking News)
Coal plant repair has reduced power cuts
- How long will power cuts be? (Category: Breaking News)
- Sri Lanka schedules three hour power cuts for August 24 (Category: Breaking News)
- Sri Lanka schedules 3 hour power cuts for August 23 (Category: Breaking News)
- Sri Lanka schedules power cuts of 3 hours for August 27, 28 (Category: Breaking News)
It costs 32 rupees to generate one unit of electricity.
- Sri Lanka to introduce new electricity tariff scheme for low-income households (Category: Breaking News)
- Go solar, Sri Lanka’s energy minister tells ‘power users’ in religious category (Category: Breaking News)
- Apparel producers decry 400% off-peak electricty price hike (Category: Breaking News)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
Opposition Leader Sajith Premadasa made a revelation regarding a deal in which Sri Lanka is set to spend 1.5 Billion USD, exceeding the market value for 4.5 million metric tonnes of coal.The post Sri Lanka’s Opposition Leader questions Government’s coal deal appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Sajith Premadasa proposed Charitha Herath to be reappointed to the COPE (Category: Breaking News)
- Sajith Premadasa to contest for Presidency (Category: Breaking News)
- Samagi Jana Balawegaya prepared to take to the streets – Sajith (Category: Breaking News)
- If elected, will repeal the Online Safety Act – Sajith Premadasa (Category: Breaking News)
"As Minister of Power & Energy, I will fully support the setting up of such a committee."
- Three companies get cabinet approval for the importation, storage, distribution and sale of petr... (Category: Breaking News)
- CPC to purchase petrol from Singapore company (Category: Breaking News)
- Sri Lanka PM seeks ideas for new oversight committees amid COPE, COPA controversy (Category: Breaking News)
- Kanchana wants COPE inquiry into PUCSL chief s allegations on fuel prices (Category: Breaking News)
By N Sathiya Moorthy After a steep, 75-per cent hike in power-tariffs, the government has now announced increased charges for water and drainage charges. Though brought down after a steeper increase at the peak of fuel-shortage, the transport fares too are not going to be the same even as much as they had become in […]
- Ranil leading talks to form all-party Government (Category: Breaking News)
- Cabinet to resign after agreement reached on all-party Government (Category: Breaking News)
- Government to provide free food to 10% of the population (Category: Breaking News)
- President wants uninterrupted power (Category: Breaking News)
Fuel shortages drive power cuts despite coal plant
- Sri Lanka schedules power cuts of 3 hours for August 27, 28 (Category: Breaking News)
- Sri Lanka schedules power cuts of three hours for August 26 (Category: Breaking News)
- Sri Lanka schedules power cuts of 3 hours for August 25 (Category: Breaking News)
- Sri Lanka schedules three hour power cuts for August 24 (Category: Breaking News)
Requests the public not to distress unnecessarily
- Gas muzzlers (Category: Technology)
- Why 'feed' a car? (Category: Technology)
- 'Miracle material' (Category: Technology)
- Gas Only (Category: Business)
[…]The post War On China? – VI: India & The US: Forward Policy & The Brzezinskian Project appeared first on Colombo Telegraph.
- War On China? – III: Pivot To East (Category: Breaking News)
- To Be Or Not To Be (A US Military Base) (Category: Breaking News)
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
- For Sri Lankans Who Are In Limbo Due To China & America Conflict (Category: Breaking News)
Companies from the UAE, Saudi Arabia, USA, China, India, Russia, UK, Malaysia, Norway and the Philippines
By Easwaran Rutnam Several foreign companies have made offers to import and sell fuel in Sri Lanka. Minister of Power and Energy Kanchana Wijesekera said that 24 company’s from the UAE, Saudi Arabia, USA, China, India, Russia, UK, Malaysia, Norway and the Philippines have submitted proposals for the Expression of Interest (EOI) to engage in […]
- CEB officials placed on compulsory leave (Category: Breaking News)
- Kanchana insists revision of CEB tariffs a must (Category: Breaking News)
- Claims of a 10-hour power cut in 2023 rubbished (Category: Breaking News)
- Solar energy proposed to counter high electricity tariffs (Category: Breaking News)
Power cuts to depend on hydro and other fuel
- Strategic Power (Category: Business)
- Fire Power (Category: Business)
- Power Push (Category: Business)
- Coal Load (Category: Business)
Motorists see queues again as many filling stations have run out of fuel stocks.
- Additional fuel to be dispatched to reduce queues (Category: Breaking News)
- Fuel queues seen outside several filling stations in Sri Lanka as schools reopen (Category: Breaking News)
- Nearly 300 filling stations temporarily closed in Sri Lanka after new payment system (Category: Breaking News)
- Mob sets Sri Lanka fuel station owner’s house on fire amid petrol queues (Category: Breaking News)
Industry experts say 70% of government construction projects are on hold now.
- New Zealand PM to step down next month (Category: Breaking News)
- BCFD releases new mental health docu-series amid rising calls for mental health assistance (Category: USA, New Mexico)
- BCFD releases new mental health docu-series amid rising calls for mental health assistance (Category: USA, New Mexico)
- BCFD releases new mental health docu-series amid rising calls for mental health assistance (Category: USA, New Mexico)
Sri Lanka is facing a looming food shortage after ban on fertilizer import
- Refugee Support (Category: Business)
- Food Deal (Category: Business)
- Food Acquisition (Category: Business)
- Food Oppression (Category: Business)
The generator at the Norochcholai coal power plant which malfunctioned on 15th August resulting in extended power cuts, has now resumed operations. The generator was earlier expected to resume operations on Monday. Unit 2 at the power plant was also undergoing scheduled maintenance work when Unit 1 broke down. Unit 3 was continuing to operate […]
- Another breakdown at Norochcholai coal power plant (Category: Breaking News)
- Malfunctioned generator at Norochcholai to resume operations on Monday (Category: Breaking News)
- Chinese engineers in Sri Lanka for urgent maintenance of Norochcholai (Category: Breaking News)
- Breakdown at Norochcholai coal power plant fixed (Category: Breaking News)
Minister of Power Energy Kanchana Wijesekera says the process of fuel distribution was reviewed and instructions were given to distribute additional stocks of all products across the island in the next three days.
There will be selling ahead of the interim budget on August 30
- Sri Lanka’s NTB profits down 12-pct in March quarter (Category: Breaking News)
- Sri Lanka’s People’s Leasing net down 37-pct in March (Category: Breaking News)
- Sri Lanka’s Haycarb March net up on forex gains (Category: Breaking News)
- Sri Lanka sells Rs80bn in mostly 3-month bills, down 18bp (Category: Breaking News)
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